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  • 'Tight oil' lures Asian producers to the US

    SINGAPORE Asian energy companies look set to catch up to their peers with investments in U.S. unconventional oil production -- the dominant focus of merger and acquisition activity in the global energy industry over the last 12 months.Asian oil prod

    July 13, 2017 10:00 am JST
  • Editorial: Japan-EU pact can light the way to far broader free trade

    The free trade agreement Japan and the European Union recently outlined will have great significance in a world where protectionism is on the rise.Japanese Prime Minister Shinzo Abe and the EU's top executives announced the agreement in principle in

    July 13, 2017 10:00 am JST
  • Swiss Landis+Gyr eager to exit Toshiba's cloud with $2.5bn listing

    ZURICH (Reuters) -- Swiss firm Landis+Gyr, Toshiba's smart meters business, reckons it will be valued at up to 2.4 billion Swiss francs ($2.5 billion) in its upcoming share listing and is keen to cut ties with its scandal-hit parent.Japan's Toshiba

    July 13, 2017 02:00 am JST
  • Toshiba's Landis+Gyr unit aims to raise up to $2.49 billion in IPO

    ZURICH (Reuters) -- Toshiba's Landis+Gyr smart meters unit aims to raise up to 2.4 billion Swiss francs ($2.49 billion) in an initial sale of shares as the Japanese company unloads the business to help cover losses at its bankrupt U.S. nuclear unit

    July 12, 2017 02:51 pm JST
  • Audi takes pole position in race for fully autonomous cars

    BARCELONA, Spain -- Audi will debut this fall the first vehicle in the world to let the driver take hands off the steering wheel and watch television or do something else other than driving while on the road.The Volkswagen luxury unit said Tuesday t

    July 12, 2017 04:15 am JST
  • IOC to pick Los Angeles, Paris for 2024 or 2028 Olympics

    LAUSANNE, Switzerland (AP) -- Finally, Los Angeles and Paris have their Olympic hosting destiny in their own hands.If they can agree who goes first, each city will be awarded either the 2024 or 2028 Summer Games in September.International Olympic Co

    July 12, 2017 03:59 am JST
  • Self-driving car tech ready to hit the street

    PARIS -- Self-driving car technology can now adapt to almost all driving situations, including motorways and parking, said Guillaume Devauchelle, vice-president of Group Innovation and Scientific Development at Valeo, one of the world's biggest auto

    July 11, 2017 05:30 pm JST
  • Jeep, Suzuki may have violated emissions rules, Dutch watchdog says

    ZOETERMEER, Netherlands (Reuters) -- Dutch prosecutors said on Monday they will investigate possible misuse of vehicle emissions software by Suzuki and Fiat Chrysler's Jeep.They were responding after the Dutch road authority (RDW) found that the Jee

    July 11, 2017 10:04 am JST
  • Louis Vuitton to debut smartwatch

    TOKYO -- Louis Vuitton is releasing its first smartwatch worldwide on Tuesday, hoping to attract young consumers to the French luxury brand.Three models of the Tambour Horizon line of smartwatches will go on sale. Every part of the watch, including

    July 11, 2017 04:34 am JST
  • Ian Bremmer

    World snubs Trump in favor of America's mayors, governors

    A new study from Pew Research offers unsurprising news that many countries have a low opinion of U.S. President Donald Trump. The survey of 37 countries found the percentage of those with confidence in the president has fallen from 64% at the end of

    July 10, 2017 09:00 am JST
  • International cooperation without US has its limitations

    HAMBURG - United States President Donald Trump left midway through a Saturday morning meeting at the weekend's Group of 20 summit, leaving eldest daughter Ivanka in his stead between British Prime Minister Theresa May and Chinese President Xi Jinpin

    July 9, 2017 11:50 am JST
  • Thomas Mayer

    'Japanese Disease' threatening global economies

    Recently, I was again asked if the world was at risk of "Japanese Disease." When I was asked this during the Great Financial Crisis of 2007-08, I said no. Back then I expected the global policy response to the crisis to be different from the policy

    July 9, 2017 07:00 am JST
  • The AR windshield of the future due by the end of the year

    TOKYO -- Augmented reality, or AR, could be on car windshields by the end of the year.AR systems are set to become options drivers can choose when buying cars. They can superimpose route indicators, pedestrian alerts and other graphic information in

    July 8, 2017 10:10 am JST
  • UN adopts treaty for outlawing nuclear weapons

    UNITED NATIONS -- A treaty declaring nuclear weapons illegal was adopted at the United Nations on Friday by a near consensus of more than 120 countries, setting in place a historic agreement that brings these devices into the ranks of other prohibit

    July 8, 2017 06:22 am JST
  • G-20 leaders struggle to find compromise on trade policy

    HAMBURG, Germany -- The U.S. continues to clash on specific trade policies with Europe and China, leaving in doubt how strong a unified stance the Group of 20 countries can take in the joint communique expected Saturday at their summit here."Should

    July 8, 2017 05:54 am JST
  • Moon lays out vision for peace in city of reconciliation

    HAMBURG, Germany/SEOUL -- Days after Pyongyang test-fired an intercontinental ballistic missile, South Korean President Moon Jae-in reiterated his unflagging commitment to reaching a peace accord with the unpredictable neighbor, picking a once-divid

    July 8, 2017 04:15 am JST
  • Japan-EU trade pact could accelerate Asia-Pacific deals

    BRUSSELS -- Now that years of trade talks with the European Union have born fruit, Japan hopes to harness momentum from that deal to advance other major free-trade pacts, including a Trans-Pacific Partnership with or without the U.S."The timing is o

    July 7, 2017 07:07 am JST
  • Japan, EU want trade pact in force in 2019

    BRUSSELS -- Japan and the European Union aim to bring a new, wide-ranging trade pact into effect in 2019, eliminating or slashing tariffs on the bulk of goods and turning global trade away from the protectionist tide.Japanese Prime Minister Shinzo A

    July 7, 2017 04:15 am JST
  • EU, Japan seal free trade in signal to Trump

    BRUSSELS (Reuters) -- Japan and the European Union agreed on Thursday to a free trade pact, creating the world's biggest open economic area and signalling resistance to what they see as U.S. President Donald Trump's protectionist turn.Signed in Brus

    July 6, 2017 11:07 pm JST
  • Ahead of G20 summit, Putin calls sanctions "covert form" of protectionism

    BERLIN (Reuters) -- Russia is in favour of an open and rules-based trade order to boost global growth, and sanctions imposed against Moscow are a "covert form" of protectionism, President Vladimir Putin was quoted as saying on Thursday ahead of a G2

    July 6, 2017 02:52 pm JST